-How did Hamilton address the debt from the American Revolution in his "Report on Public Credit"?
A) He required the states to pay off their own accrued debts.
B) He had the federal government fund the national debt and assume states' debts.
C) He discontinued financial relations with Britain.
D) He had private citizens of all classes fund the debt.

Question

-How did Hamilton address the debt from the American Revolution in his "Report on Public Credit"?
A) He required the states to pay off their own accrued debts. 
B) He had the federal government fund the national debt and assume states' debts. 
C) He discontinued financial relations with Britain. 
D) He had private citizens of all classes fund the debt.

Quizplus · Accepted Answer

Hamilton's "Report on Public Credit" proposed that the federal government should fund the national debt at its full value and assume the debts incurred by the states during the American Revolution. This was aimed at strengthening the federal government and establishing good credit for the nation.

-How Did Hamilton Address the Debt from the American Revolution